DYL 0.00% $1.46 deep yellow limited

Hi Dazzler100, I am a long term holder who has continued to...

  1. 564 Posts.
    Hi Dazzler100, I am a long term holder who has continued to accumulate as the share price has appreciated. I can't see it hitting the mid 40's and personally consider around the current level the buy zone, with about 53 cents pulling it up - but who knows.

    What I do know is that presently DYL is valued at around $11 per lb uranium in the ground (NON-JORC), when the going rate for a JORC resource can be up to $30 per lb uranium in the ground, and what are they using the latest capital raising for - to accelerate drilling and prove the resource in Namibia to JORC (plus explor for other major deposits - check those grades at Mt Isa)

    Now if they can do a Paladin and whilst proving the resource in Namibia to JORC also increase it 4.5 times - then there is plenty of blue sky in that alone.

    Management is first class and has a proven track record at PDN.

    If you buy at these levels and hold for a few years you should do very well indeed, but as always DYOR.

    Cheers to all the long term holders.
 
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